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Focus on automotive: Geely

At a congress in Beijing, Great Wall's President Wang Fengying made official the Chinese carmaker's goal of doubling its global sales volumes to around 2 million vehicles by 2025.One third of the total will be represented by electrified units so that Great Wall, in this case by 2020, will invest the equivalent of about 3.2 billion dollars to...

The Geely Group has announced that it will invest the equivalent of about 5 billion dollars to build a new plant for the production of electrified vehicles in the Chinese province of Zhejiang.In fact, the carmaker has recently signed an agreement with the Changxing County authorities, where an industrial park for the assembly of components for...

Great start of the new year for Geely, the Chinese company that owns Volvo and Lotus.January registrations were in fact a record with an increase of 51% compared to the same month of 2017 for a total of 155.089 units (including the newborn Lynk and Co brand) that already guarantee about 10% of the target for the entire 2018, 1.58 million units....

Geely is increasingly ambitious. The Chinese company that controls Volvo, Lotus and the Korean company Proton aims to increase its sales volumes globally by 27% compared to the 2017 result (already up 63% on 2016) for a total of 1.58 million vehicles.The growth will also be supported by the expected success of the new Lynk and Co brand, as well...

Geely, the Chinese giant owner of the Volvo, Lotus and Proton brands, has already begun construction of the first Chinese plant specially dedicated to the production of Polestar brand models, recently separated by Volvo.The factory, for which the equivalent of about 750 million dollars will be invested, will be located in Chengdu, Sichuan...

New record for Geely sales in September. The Chinese carmaker, which controls the Volvo, Lotus and Proton brands, has in fact registered 108,872 units (106,814 of which in the domestic market), 42% more than the same month of 2016.In the first nine months, Geely has already reached 75% of its annual target by delivering 827,108 units, an increase...